This week, the DC Council voted to support $165 million in tax cuts and Rhode Island considers a bill to cut the state's corporate income tax rate. Renu Zaretsky has the scoop on the latest in taxes.
City councilor Muriel Bowser bested D.C. Mayor Vincent Gray in the Democratic primary, ending his bid for a second term. Gray's administration has been tarnished by prosecutions of campaign-finance misconduct.
Navy Yard shooting: Police were seeking information about two armed men, one white and one black, and both described as wearing military or military-style uniforms and as between 40 and 50 years old. The gunman killed in the Navy Yard shooting was identified as Aaron Alexis.
Washington Mayor Gray vetoes legislation that would have forced large retailers to pay workers at least $12.50 an hour, a huge boost to the city's $8.25 minimum wage. Several companies lobbied against the targeted minimum wage bill, including Wal-Mart, which threatened to scrap plans for six stores in the area.
The District of Columbia Tax Reform Commission sat down recently to tackle one of the biggest issues of our time. Such reform is hard, in large part because the characteristics of a good tax system are inconsistent.